After three and a half hours of what seemed to be another episode of Desperate Housewives of Washington D.C., the House of Oversight passed several amendments to Taxpayers Right to Know Act, and the Regulatory Freeze for Jobs Act of 2012. Additionally the Oversight Committee authorized the Administrator of General Services to convey a parcel … Continue reading
From This Day Forth… “Today we will consider a rule that helps broaden market access and promotes competition in the swaps market,” proclaimed Chairman Gensler. Emphasizing one of the important goals of the Dodd-Frank Act is to prevent risks in the financial sector from affecting the overall American economy in a negative manner. The intent … Continue reading
At a time when unemployment is skyrocketing and the economy is dwindling, I can’t help but be filled with the smallest amount of joy and hope when I see the government making changes that will actually benefit the public instead of harming them. On March 9th, Governor Martin O’Malley of Maryland submitted to the Administrative … Continue reading
Bringing Out the Big Guns Chairman Kline (R, MN-2) started off the two-hour hearing with his own personal opening statement. Being shocked by President Obama’s three recess appointments despite Congress, in his opinion, being in session. He stated the Obama must consider that he holds the power to appoint whomever he desires and that the … Continue reading
A Cast of Characters An Native American and an Evangelical walk into a bar… Or let me rephrase that; an Native American and an Evangelical walked into the Rayburn House Office Building on February 8, 2012 to act as a part of a panel put together by the Subcommittee … Continue reading
Lie, Damn Lies, and Statistics This was Chairman Cobles (R, NC-6) opening statement for the House Committee on the Judiciary on February 27, 2012. He observed the Department of Labor concluded that unemployment is at 8.3% compared to 10% last October. Asserting that the federal government destroys jobs, and Congress is unable to create jobs, … Continue reading
Opening Statements Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Gary Gensler began what would be an almost four-hour hearing on several rules that may be applied to the Dodd-Frank Act. Declaring that the hearing was about promoting transparency, developing internal business conduct rules, and compliance rules to protect the public, he seemed very … Continue reading
